other material
confidence high
sentiment positive
materiality 0.75
Vir Bio licenses CHD combo to Norgine for EUR 55M upfront, up to EUR 495M milestones; cash runway extended to Q4 2027
Vir Biotechnology, Inc.
- Exclusive commercial license for tobevibart+elebsiran in Europe, Australia, New Zealand for chronic hepatitis delta.
- Vir receives EUR 55M upfront, up to EUR 495M in milestones, plus tiered mid-teen to high-twenties % royalties.
- Norgine to cover ~25% of go-forward external costs for ECLIPSE registrational program.
- SOLSTICE Phase 2 data: 66% of CHD patients achieved HDV RNA target not detected at 48 weeks; well-tolerated.
- Vir expects current cash, equivalents, and investments to extend into Q4 2027 under current operating plan.